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to meet with house democrats. >> economy is trying to give us signs it wants to launch. the president wants to be there to make sure that the 535 elected members in congress. and the individual american people elected to be president of the united states are ready to launch with the economy. >> also today, treasury secretary jack lew talked about the possibility of finding bipartisan compromise. >> i think there is a growing sense that everyone knows where the balance fair deal is. everyone knows we need to get there. they just don't know how to get there. you have to start. >> today, as far as discussions about reinstating some of the white house tours ts in, in the briefing jay carney says there has been discussions about trying to get specific groups in. no decision on that point and no plans to reverse the overall decision to suspend tours for now. >> bret: shannon bream live on the white house lawn. thank you. the dow's run is now in double digits. the industrial average made it ten straight winning days to gain 84 today. closing at another record high. s&p 500 was up 9. the nasd
the negativity out there i believe optimism is in the air. the stock market record highs, the economy is picking up, president obama in a charm offensive because his polls are way down. in fact he's now talking corporate tax reform. even pushing democrats on entitlement reform or so he says. now i know, i know, my favorite president reagan trust by verify, but i think there's some optimism out there and i'm going to do my best now to persuade my pal, conservative superstar ann coulter. she's the author on set for the full hour. jimmy williams. and michelle caruso-cabrera. ann coulter, i know you think i'm nuts but i'm telling you the stock market is a great signal. the republicans won on the sequester. obama's poll are down so now he's having to come to the negotiation table. i like this story. i want to be optimistic about this story. >> um, i want to be optimistic too. but i want to be realist jig. all,000 are the financial maven and i would normally defer to you, that's the only thing i'm pessimistic about. i think the economy -- i would not count on the stock market continuing to go up. i kn
. because obama didn't learn the lesson from reagan that if you want to turn the economy around, you cut taxes, you reduce spending, you reduce the debt and don't send regulators like locusts to destroy small businesses and jobs. [ applause ] do you know if president obama had followed the reagan policies and we had seen the identical growth that president reagan saw inheriting the same lousy economy barak obama did, do you know that today we would have 7 million additional new jobs in america? let me help make that a little more concrete. 7 million new jobs is the equivalent of giving a job to every man, woman and child in chicago, houston, philadelphia, and boston. that's what we're talking about. [ applause ] and the stagnation under president obama doesn't fall uniformly. listen, if you so happen to be a tax lawyer or an environmental lawyer, you're doing great right now. but i'll tell you the people who are hurting the most are those who are struggling in the least well off amongst us. under president obama, hispanic unemployment climbed to 10%. african-american unemployment to 14%.
are for better or worse, ingrained features of the american economy. since when did cutting the deficit become such a big budget priority. we'll discuss the gop's attention deficit disorder when the ranking member of the house budget committee, congressman chris van holland joins us, just ahead. >>> time for the your business entrepreneur of the week. las vegas anesthesiologist took his experience in the e.r. and created a hangover cure, using an iv-administered formula. he put it on a bus, treating suffererses up and down the strip. we're here! we're going to the park! [ gina ] oh hey, dan! i really like your new jetta! and you want to buy one like mine because it's so safe, right? yeah... yeah... i know what you've heard -- iihs top safety pick for $159 a month -- but, i wish it was more dangerous, like a monster truck or dune buggy! you can't have the same car as me! [ male announcer ] now everyone's going to want one. let's get a jetta. [ male announcer ] volkswagen springtoberfest is here and there's no better time to get a jetta. that's the power of german engineering. right now lease on
coming up. in the next hour we're going to be talking the economy and the dow with jennifer ericsson from the center for american progress, and then we'll talk about cpac and james homan was at cpac and he'll be here in studio with us. the president is kind of kicking back this morning. he has private meetings in the morning, getting the daily briefing and then at 4:40 this afternoon we'll be delivering marks at a women's history gathering. another hour of the "full court press" coming up. [♪ theme music ♪] >> bill: good morning, everybody. itit i is s mondayayararchch 1 18th. welcome to the "full court press" here on current tv. we're bringing you up to date on all of the latest developments here in our nation's capitol, around the country and the globe, whatever is happening we'll tell you about it. and you get to tell us what it means to you by giving us a call at 866-55-press, joining us on twitter @bpshow, and there is a civil war among republicans. sarah palin said karl rove if he's so smart he ought to go back to texas and run for office, and karl ro
stock market and rising investment returns in the economy. but it's not all good news out there. detroit, take a look at the new man in charge of your money. governor rick snyder naming kevin orr as emergency manager for the financially distressed city. i think bankruptcy and busted union contracts are the only answers, i will speak to the kwov nor and mr. orr about their chances and president obama, very interesting things to tell republican senators this afternoon. he says he's for corporate tax reform and willing to push fellow democrats on entitlements. is the charm offensive starting to pay off? "the kudlow report" begins right now. first up tonight, a nice 83-point move higher for the dow, makes it ten straight days of gains. we have details of another day of record highs, good evening, ka kayla. >> reporter: jobless claims fell unexpectedly and gave traders more confidence in growth. the dow sitting above 14,500. up 83 points to 14,539. this month the dow has been up nearly every single day. the s & p within four points. all time record closing here. 1,563. on rising rates on trea
agenda. he got health care passed and fixed the economy. he has the economy on the right track. the gun issue was not a big deal with him in the beginning. gale marriage was not a big issue, but they have become centerpieces, that's the period he's in at this point. republicans are cooperating to the degree that they appeared to be disorganized enough that he appears to be right on track. >> you know, on that point, in terms of the economy, victoria, the president talking about the budget last week, he said something that the gop just jumped all over. the president said, and i'm quoting him, we don't have an immediate crisis in terms of debt, and the republicans and the right wing went bananas. but then mr. boehner and ryan, of course, agree with him. watch this. >> we do not have an immediate debt crisis, but we all know that we have one looming. >> we do not have a debt crisis right now, but we see it coming. we know it's irrefeetably happeningivities they say the president shouldn't have said it, now you have boehner and ryan saying it, about you if both say we don't have an immediat
, and middle-class alike. economy isar as the concerned, we are to come together and make it grow. people have been coming out of prison who have been locked up for years and have no sense of direction for what they will do when they get out, just because jobs require certain backgrounds. the money that we pay the why don't we use that to provide a job where everybody gets an opportunity to get off welfare and food stamps? a program should be put in place for those on financial assistance from the government to do some type of work, to earn what they get. those incentives that are being given could be used to develop the economy. thank you, c-span. host: on twitter -- al writes about cpac. that the editorial this morning on cpac from al cardenas as cpac joins its 40th year. travis is on the republican line. caller: there should be a progressive tax on revenue. and i would like to see campaign funds taxed. on the second amendment, it's as we shall not have any infringement [indiscernible]. take care. host: this remark from liz smith -- "usa today" has a story getting attention this friday morni
and the austerity he is putting in place has caused the economy to be really slow. >> a lot of tax increases over there in europe. we look at this austerity bit. i want to talk about this for a second. >> i want to get back to the budget then. >> talk about what is happening in washington. you know, economics discussed on tv or on the internet or on twitter, it's so depressing, because people really don't know what they are talking about and they just sort of boil it down and there is this belief through the years, that tax cuts are not a tool used. of course, tax cuts are a tool used and tax increases something that traditional are against in bad times. we hear about austerity across great britain and we never hear about the tax increases. when you talk about the fact they cut and slash spending at the same time they hike taxes, it really was a formula made to fail. >> spending cuts and tax increases both take money out of the economy and slow the economy and, yes, they create this idea of austerity. but, look. it's a balancing problem. on the one hand you need to deal with it budgets and defici
and champion growth. our economy is stagnant and a lot of people are hurting. and that's where my focus remains, every day. >> shannon: you mentioned that republicans and democrats, you question whether or not they have read the constitution recently and if they adhere to it and if they are really familiar with what it is at its core. how do you reconfigure? how does either party get back to that? >> i think we are seeing a rejuvenation in the republican party. visaid for a while. i think -- i have said for a while, i think the best thing that happened to republicans was to get our teeth kicked in by 2008. by 2006, 2008, i think that republicans had stopped standing for principle. we saw a new generation of leaders step forward in 2010 and more continue in 2012, who are really focused on getting back to our core principles, getting back to the constitution and getting back to free market principles. i think far too many republicans had gone along to get along. had agreed with democrats and exploding the size of government -- i mean, that's how we have gotten a $16.5 trillion debt. i think the p
a gloomy new report on the state of retirement savings. >> the recent headlines about the economy as we've talked about have been pretty good but the lingering effect of the great recession is that a lot of americans have had to dip into their savings to get by. and of course that could be a problem in the years to come for many americans. they're supposed to be the golden years. but a new report says retirement like this is way out of reach for most americans who just aren't socking away enough. even with markets near record highs, the confidence workers have in their retirement is low. the employee benefit research institute found that 49% of americans aren't sure they'll be able to retire comfortably and they're not doing much about it. >> it's one of the scariest things is that it is not just that people don't have a lot of retirement savings. it's they don't know what they need. they don't know what they don't have. so, you know, what you would like to see is more people really sitting down with an adviser doing some hard math. instead, people seem to be crossing their fingers and
measures also create good quality american jobs that can help grow our economy for the future. it's a win-win that we should all support. that's why last month i reintroduced two bills that would help our local communities implement these cost saving measures. one is the coastal state climate change planning act which would provide for coastal states who wish to carry out adaptation projects in order to prepare for the impacts of climate change. and another bill is the water infrastructure resiliencey and sustainability act, supporting states wishing to update their aging storm, waste and drinking water systems in order to adapt for climate change. these bills would help our local communities to plan and prepare for the impacts of climate change and increased extreme weather. our communities deserve protections from these potentially devastating events, and we have a responsibility to help. mr. speaker, we have a choice. we can continue to spend tens of billions of dollars annually on emergency aid packages that will only grow in size and quantity or we can spend a fraction of that on pla
to the economy? >> i think you cannot get these kind of cuts without -- >> what cuts? i'm talking about freezing -- >> hold on. i know you're a young politician. i like young politicians more than old politicians. but whatever you are, you got to wait. because i let you go. right? let's do that. i think the answer is if you look at taking a big bite out of the jobs in the public sector, and taking away the spending that goes throughout the entire economy, that hurts growth. that's the biggest problem. i think an issue for you is i think it's great to have someone who's 23 out there running. i think that is great in both parties. we have way too many senior citizens making decisions for the rest of us. i'm with that. the question i have for you is, if you're going to go in your district, prince william counties is one of the biggest counties. >> 70,000 federal workers. >> you know where i'm going. that's the debate have. what's the largest employer there? >> 70,000 people. 1 out of every 10 people in my district works for the federal government. >> you're going to run. this is the question. you'r
's less impinging on the economy. you keep hearing the economy is ready to take off. if we can get the government out of the way for a couple years we can get some really nice growth and that will change things up and i think they are sceeding in denuclearizing our conflicts. no fiscal cliffs, no debt defaults. let the economy grow for a change. >> woodruff: what are you hearing. >> the government has to get out of the way, i love that. that's a great one after what we've been through in this country with absolutely no control. and we just learned again this week that the bank's too big to fail, too big to be reprimanded, controlled by the federal government. but i'd say this, judy. there's an old line in politics you dance with the girl who -- barack obama didn't do that. for the past seven years he's gone into hundreds if not thousands of rooms, people with large egos, people with great accomplishments, people who are great skeptical toward him and he went in and he charmed them to the point not only they supported him they wrote checks for him. he comes to washington and that s
of balance. my goal is how do we grow the economy, put people back to work, and if we do that, we're going to be bringing in more revenue, if we controlled spending and have a smart entitlement package, then potentially what you have is balance, but it is not balance on the backs of, you know, the poor, the elderly, students who need student loans, families who have disabled kids, that's not the right way to balance our budget. >> the glow is off paul ryan budgets, even for republicans, including former ryan worshipper rush limbaugh. >> now, there are people that don't like it, even on the republican side because it has tax increases in it, some say tax increases on the rich. leaves some of obama's tax increases in it. heritage foundation has done deep analysis of this. one of their problems with the ryan budget is, and they do have problems with it, is that hefty tax increases of obama's are maintained. they're kept in it. they're not done away with. >> paul ryan's budget leaves in the increase in top income tax rate that president obama achieved in january, the conservative blog red stat
within striking distance of the all-time high. is the economy turning the corner or is at market bubble? >> plus, report hack of the first ladies, vice-president and jay-z, apparently including kanye west, bill gates, and others. a knew travel night mar for folks aboard the carnival dream ship. >> our 401ks are on track for another historic day, continuing a winning streak like, well, we haven't seen in the better part of 16 long years. a live look. there's the big board. on the corner of wall and broad. wow, up 62-points. they do you has been running on all-time high, and news that new unemployment claims fell last week to a five-year low. of course, a lot can change in this final trading hour, but if it stays in the green it would extend the dow's rally to ten days, brand new record high. as i mentioned. just take a look how the dow has taken off this month. wasn't long ago that folks celebrated crossing 14,000, and now it's holding steady 500 points higher than that. charlie joins us here on the set. what's the school in. >> we should point out that 14,000 is where it was in 2007 bef
and what we really need to do is to focus on growing the economy. the deficit is there. we can deal with it. but growing the economy is the first priority. >> yeah. >> congressman ryan, president obama campaigned on protecting the middle class. so why all of a sudden is chained cpi up there for grabs. even nancy pelosi is starting to embrace it here. are we seeing the democrats shift towards the republican position on protecting the big three? >> well, i'm not sure nancy pelosi is there just yet. i thought she was very careful on what she said, protecting the poor, protecting those seniors. so everything's fungible. and i'll go over battles for the poorest of the poor, our children and senior citizens with nancy pelosi any day of the week. and i'm confident in the house with the leadership of people like keith and john that we will be able to hold a line on some of this from the democratic side. but it does get worrisome every now and again when you hear these comments. i know you've got to be conciliatory and be ready for a grand bargain, but we're not going to sell our soul in the process
obamaism, big government. you know, government investment to try to turn the economy around. higher taxes. i think that's something that they're going to want to continue. >> it does seem if you did take that away, then we would only be talking about there's rand paul's vision, marco rubio's vision and -- >> and there's real splits on the republican side. >> what do you got sunday? >> we'll talk about the budget debate, van hollen and mccarthy debate each other and rome and the new papacy and what it means to american politics as well. >> we talk about the rising tide of hispanic americans and it seems like the catholic americans are seeing the same thing around the world. >> even more quickly than the republican party has apparently. >> even faster. david gregory, we'll be watching, thank youure siyouure. >>> and we'll talk to michael orren, obama's wish list, the president has an idea how he'd like to spend free time in tel aviv. >> sometimes i have this fantasy that i can put on a disguise and, you know, wear a fake mustache and i could wander through tel aviv and go to a bar and -- >>
is -- we've got two crisises going on. one we are in a job crisis, a slow economy, and how do you address that, austerity and cuts, spending cuts, and raising taxes, and the republicans are right about that raising taxes slows the economy, cutting spending close the economy. we are trying to deal with both of those crisis at the same time. we've got to 3.5 trillion in revenue increases and spending cuts while the economy has continued to sort of grind slowly. i think what we're looking at now, what we're hoping i think, everybody hopes both side can come together on it, again, how do we get to the 4 trillion that bowles-simpson recommended without killing the economy? and i think that's why you get both these sets of facts that are true. both side are actually right about this. now the question is -- and we've avoided killing the economy by trying to address it. jon: everybody a grows that the long-term driver of the problem are the programs like medicaid, social security. so this president doesn't have to run again. why not do something bold and tell americans, you know, if you're under
, we like to see that because it means the economy is doing better. of course, we talk how the federal reserve is playing a role in the rallywell. standing behind the economy and keeping the interest rates low and making sure that we can keep this economy bubbling along. so, every day we're watching this and every day it's going higher, harris. >> so you're sitting at home and not a big time investor. watching your retirement funds, is now a good time to put money in stocks. >> the people we're talking to saying he we could have a retrenchment, 2, 5, maybe more on the big board, the dow stocks and that's an opportunity for people to get back in if we have a pullback, that's what i would wait for. if you've got a long time horizon, be in stocks, you want to make sure you're going to fund your retirement with investments that last over a lifetime, not over 20 minutes or two seconds, like the pros sometimes do, harris. >> gerri willis, thank you very much. libyan authorities reportedly holding a person in custody tonight in connection with the terror attack on the u.s. outpost in benghazi
're doing. if we have a growing economy but if the leaders of congress can't come together and deal with the sequester and the possible shutdown and we continue to live in these short- short-term crises, it diminishes our strength around the world. it does. >> michael: that seems to be happening. you told us straightforwardly and exactly what it is democratic strategy kiki mclean, thank you for coming in to "the war room" today. >>> undeterred from the angry stares and slack jawed confusion from the media, elizabeth warren continues to speak truth to power. the latest on her introduction to this unique phenomenon in washington that story next. with award winning documentaries that take you inside the headlines. real, gripping, current. documentaries... on current tv. you're invited to take the lysol wipes challenge. try lysol dual action wipes and see the cleaning power. lysol dual action wipes have 2 sides instead of one. a scrubbing side that cleans tough stains better than clorox. and a smooth side for everyday touchups. all while killing 99.9% of germs. take the lysol w
are not helping people to improve their conditions. the scandals have devastated our economy. host: thank you very much for the call. this is a profile on the snap program in rhode island. it is an ackerman for the supplemental nutrition assistance program. let us go to jason from britain, new jersey. caller: thank you for this great topic. i think it is one we can all relate to because everyone has to eat. it all starts with food. athink the first lady has set good example with the garden she is growing behind the white house. given to allwas americans to grow a garden. this could wipe out the hunger problem probably within one growing season. some type of tax incentive, some the of extra tax on corporations and oil companies that are getting subsidies. take a small fraction of that away. give that to citizens to grow food. around in onethis season. this is an opportunity out of anniversary -- this is an opportunity. out of adversity comes opportunity. it is a travesty to see americans going hungry. these are programs i did not even get interested in. it is easy for us to blame government. let us
that president reagan saw in inheriting the same lousy economy that president obama did. do you know we would have seven million additional new jobs in america. let met help that i can make more concrete. seven million more jobs that is equivalent to giving a job to every man, women, and child in chicago, houston, philadelphia, and boston. that's what we're talking about. [applause] presidenttion under obama doesn't fall uniformly. if you so happen to be a tax lawyer or environmental lawyer, you're doing great right now. but i'll tell you the people that are hurting the most are those are the struggling and the least well off among us. under president obama, hispanic unemployment climbed to 10%, african american to 14%. unemployment for young people ages 16-19 over 25%. that's why for a long time i've been championing what i call opportunity conservativism, which is every republican, every conservative should focus on easing the steps of the economic ladder. splange how ore free market system has served as the most incredible engine for opportunity, for millions of people to come with nothing
, giving spirit. visualize a future where the economy is growing at a steady pace, entrepreneurs are building businesses, taking risks, innovating, investing, employing millions of americans come and as they employ these americans, they move them up the economic ladder. we are able to pay off our debt. they are confident and proud of their country. partys a vision tea patriots have for america's future. [cheers and applause] a constitutionally limited, fiscally responsible government, where free markets thrive. [applause] and for this vision, we have been mocked, marginalized, and maligned by president obama, nancy pelosi's, and majority leader harry reid. and people from the republican establishment, like senators john mccain and lindsey graham. our are contemptuous of vision, and our vision is distinctly different from today's reality. our country is $17 trillion in debt, and we are headed to bankruptcy. our gross domestic product shrunk, and wall street profits it. seven out of the 10 wealthiest counties in america are right here in boom town d.c. like "the hunger games." corr
things. we must prioritize the economy, and power energy growth, reform education. i believe we are starting for leadership -- starving for leadership. i believe revitalization must be addressed on the state and national level. as conservatives, or identity has become lost amidst diverging messages. we need laserlike focus on the economy. we need to analyze every proposal in light of, will this get america back to work? we need to get people working by reducing the government's role in creation of jobs. my state's motto, mountaineers are always free, which is a delicate means to me that we need to limit government and create more workers independence. in west virginia and so many other states, this means treating a level playing field for all businesses, regardless of their union status. west virginia is the perfect ground for our national principles. west virginians are fiscally conservative, we have the best rainy day fund in the nation, but nonetheless, employment has in my state.ed when liberals are the cause of the low economy, they seem to blame conservatives. i don't unde
the true engine of america's economic growth. a rising, thriving middle class and an economy built on innovation. in my state of the union address, i said our most important task was to drive that economic growth and i meant it. every day we should be asking ourselves three questions. how do we make america a magnet for good jobs? how do we equip our people with the skills and training to do those jobs? and how do we make sure that hard work leads to a decent living? those of you who have chairs, i was not sure everybody had chairs there. please feel free to sit down there. i'm sorry. everybody was standing. i thought -- one of the effects of the sequester, you had to -- get rid of chairs. that's good. i'm glad we got some chairs. so i chose argonne national lab because right now, few areas hole more promise for creating good jobs and growing our economy than how we use american energy. after years of talking about it, we're finally poised to take control of our energy future. we produce more oil than we have in 15 years. we import less oil than we have in 20 years. we've doubled t
point, it can't be at the expense of the economy and jobs. >> here's where both sides may agree. >> is he right that we did not have an immediate crisis. >> we did not have an immediate crisis. >> to borrow from the phrase from the fiscal commission, we're the healthiest looking horse in the blue factory. we see it coming we know it's irrefutably happening. a lot of folks worrying about that blue factory, congressman. the president said that crisis was a concern when he spoke to joe and mika early on. you said had said that was a concern. the president has changed his tone on that. why has he done that? >> well, the debt remains a concern-we've made a significant down payment with the budget control act, with the fiscal cliff deal and now with the sequester which i hope will have a short life. so we've made a significant dent already. but i think the president is facing the priority of growing the economy and jobs, and that's where it should be. half of this year's deficit is attributable to people who are unemployed. if we can get people back to work, paying down the deficit. i
down. >> george bush ruined the economy. obama is trying to save it. >> stephanie: yes, lowest level of spending since eisenhower. rush limbaugh >> so what the left tries to do -- you'll hear this fill this pulpit praise for his behavior towards the poor and people in the thir world, and it's going to be an attempt to soften him up, because eventually what they want him to do is renounce christ. that is the objective of the progressives who oppose the catholic church. >> stephanie: oh! oh! it's progressives that -- you mean alter boy rape? what do we oppose? >> no progressives want the pope to renounce christ. >> stephanie: oh yes, that's on the top of my list. >> huh? >> he is just making stuff up. >> stephanie: and that's why pat boon would come in on fox business channel. >> he is following his play book which is [ inaudible ] rule for radicals. >> come on. >> this is the guy that trained him to be a marksist, a socialist, a progressive -- >> those are not the same things! >> -- but there has to be some kind of reasoning for what he does. he has a plan which he
this economy, the obama economy on its way back. happy. are you ready for this? are you ready, dan? a happy friday. ♪ alleluia. ♪ >> bill: friday march 15th. ♪ alleluia. ♪ >> favorite day around the full court press. it seems like this friday was a long time in coming. i don't know. maybe it's because this week -- this was a 5-day work week for me. >> appear 5-day work week >> bill: i didn't get to take a couple of days off this week. great to see you this friday. thank you for joining us here and being part of the full court press as we come to you live on current tv, as we come to you live on your local progressive talk radio station where you happen to be in this great land of ours, whether it's los angeles or chicago or asheville, north carolina or buffalo, new york or any spot in between or -- and how about madison wisconsin? didn't mean to check over that. a lot of great places. also, coming to you live on sirius xm, this hour only. lots to talk about. a lot that you are going to want to comment on. we will give you a lot of different ways to
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this was a vision, if we can get it implemented, really would allow america to take off. our economy is recovering. it is resilient. but it not yet where it need to be. we've got millions of people who are still out of work or underemployed. we've still got businesses that could be thriving if we're able to make sure washington doesn't engage in self-induced crises. we'll have a lot of work to do. let's face it, there's still a lot of divisions and arguments here in washington. doing our h we are very west to reach out to the other side, and i think there's a genuine desire on the part of republicans and democrats to try to get something done, i think there is a weariness among membership in the senate and the house about this constant grind, day in and day out of argument and crises instead of productivity and movement forward. the politics of a lot of these issues is tough. and members sometimes are scared about making the right decisions. and they're particularly scared because they're subject to pressure from special interest groups and well financed organizations that may be pushing in a diff
sanctions ever. it's having a significant effect. >> on the economy? >> there is the president of the united states saying it could take a year for iran to develop a nuclear weapon. let's discuss what is going on. that's the first time i heard the president give such a specific timeline, within a year or so iran could have a nuclear weapon. that sounds pretty ominous. >> it does sound ominous. what it shows you is what a difficult diplomatic challenge the president has. because they're negotiating with iran through the six-party talks which are taking place in kazakhstan and there the united states has made some offers that are, you know, trying to help iran move to a kind of win-win place. now he is managing the other dimension of this which is israel. he is trying to convince the israelis that he is serious, that he sees that there is not an infinite amount of time, and he said later in the interview all options are on the table. when i say all options i mean military force and we have substantial capabilities. so he's trying to manage the iranian clock as well as the israeli clock. >> so
, corporate profits are up. we're starting to make progress in our economy. wages aren't and unemployment is too high. he wants to have budget that reflects building from the middle out things he said in the campaign. number two, he was asked specifically about chain cpi. what he made clear is he will not chase a bad deal. you heard mr. boehner just now, he seems to be demanding a bad deal. the president making it quite clear he won't chase it i think gave members some confidence it's not as though he's going to give something away like chain cpi. what the president said is any deal he negotiates is going to have to be balanced. that means a significant contribution from revenues, largely from cleaning up the tax code, with a focus on investing. you know, the sequester is putting us two years off on doing a scientific research for health care. so the president was reassuring to us that he's focused on the middle class. he's focused on jobs and not interested in getting into a negotiation where we bid against ourselves, something we've done too much of in the past. >> congressman, members
the world has changed in the last ten years. the global economy is real. we don't live in a national economy anymore. everything you buy, everything you sell, everything you touch, it's all impacted by things that are happening halfway around the world. the information age is real that's made our lives easier. it's allowed you right now to take pictures with your phones and tweet every word i say for or against me. it's changed the world. and it's made our life easier. it's also changed our economy. you go into a grocery store today and you will find machines doing the jobs that people once used to do. you find a day in many businesses that one person because of automation can do the work five people used to do. it's the work around us that's changed. and this has had an impact on our people. on our hard working people. many have seen jobs wiped out. jobs they've been doing for 20 years disappeared overnight. many of them -- and many of them do things the right way. for example, they pay their mortgages on time. and now when the housing bubble came they were stuck with a bill for bailing out
the economy and put people back to work. if we do that, we'll be bringing in more revenue and if we control spending, potentially what you have balance. >> a quick response to that. >> that's exactly the point. balancing the budget will in fact help our economy. it will help create jobs in our country. get our economy going again. and put more people back to work. the fact that the government continues to spend more than a trillion dollars every year that it doesn't have, scares investors, scares business people, makes them less willing to hire people. >> is the grand bargain dead? >> i don't know whether we can come to be a big agreement if we do. it will be between the two parties on capitol hill. hopefully, we can go to conference on these budgets. hope springs eternal in my mind. >> senators graham and ayotte and other republicans have said they're open to new revenue if the president is willing to do significant entitlement reform. is that something you could consider? would you say no to that? >> the president got his tax hikes on january 1st. the talk about raising revenue is over, i
investments. take control of your personal economy. >>> the numbers in a survey from the last year 2012 show just 14% of american workers felt they had enough money to retire comfortably. there are good reasons behind that number. americans are living longer for starters. a lot of things including health care cost more and financial markets have been so volatile over the past decade. so a major worry for an entire generation now heading into retirement is how to make savings last long enough. as nbc's chris jansing reports the rules and the math are changing. >> no more hurry. no more pressure. >> reporter: used to be hard work with and company loyalty were rewarded with the good life. >> what with my retirement plan and a few dollars i'd saved, i didn't have a thing to worry about. >> how many are going on these? >> 55. >> reporter: for an increasing number of older americans, that lifestyle is no more than a dream. >> retirement used to be 10 years, now it can be 30 years. that means your money has to last a lot longer. >> reporter: it didn't last nearly long enough for 75-year-old peggy w
politics a long time and the kind of performance in the recent years with the economy. everybody is frustrated. that is the good news scenario. the bad news scenario we literally fix it and we relive 2008. >> can i ask a question as conservatives especially focus on the issue of deficit and what we are going to do about it and it becomes a rallying cry. where was that rhetoric when we were involved in two wars and paying for them on a credit card and having two major tax cuts put in place? iraq war is one of the first wars we haven't had a war tax. where was that fiscal responsibility a decade ago? >> missing. and i'm the wrong person to ask this. because i said famously in budget circles. it's a big crowd. in three the party is over, people get it and not spend any more money and ten years later, i was dead wrong. we lost our rudder somewhere. that's something that america actually stuck to and lived by and served america well 200 years. since then we have developed big problems. >> i also illusion the war would pay for itself and be resolved within six months and up and running
the economy going, get jobs back, and i spent hours this week in the budget committee. i'll be going back soon. the budget is on the floor next week. and those will continue to be the issues that i'll put my primary focus on. >> reporter: what do you say to a gay constituent in ohio who says, i'm so glad he changed his position but why did it take him learning that he has a gay son? why didn't he as my representative care about my rights before that? >> well, i would say that, you know, i've had a change of heart based upon a personal experience. that is certainly true. dick cheney i think had a similar experience. i've talked to him, by the way, about this. you know, it wasn't an issue i had given much thought to prior to that. maybe i should have but the reason i got into public service was because of my concern on the economic and budget issues. that's always been my focus. >> reporter: you just walked into the very last question i promise i will ask which was going to be about dick cheney. you said you did talk to him. did you call him for advice because he had a situation very similar? >>
? >> it used to be a stock market was a direct barometer of america and america's economy. that is not necessarily the case anymore. main street malaise and frustration is valid. wall street, particularly talking about the dow jones industrial average, talking about the 30 biggest companies in this country, that move is valid as well. these guys are getting profits from outside of this country. the world can't get enough products from ibm. caterpillar 70% of the its business outside of this country. parent company of kentucky fried chicken, they don't care what happens here, the news from china better be good or their stock goes up and down. anywhere near all the cylinders that we could fire on and american public knows there and obviously they're very frustrated by it. martha: what do we have to do to get growth cooking back in this country again, charles? >> i got to tell you, i don't know over the next four years we will have the exact gameplan we need to be quite frank with you. there is different agenda out there controlling things, anti-business, anti-success agenda.
, but health care, 1/6 of our economy. if the government can control that, they can control just about everything. we need to understand what is going on. there are much more economic models that can be used to give as good health care than what we have now. we were asleep at the wheel to let it happen. we have to find a way to make it work. if we have to work within the frameworks of the affordable health care act, fine. if we can find a way to defund its -- it, fine. 80% of the encounters between a patient and a health-care provider could easily be handled by a health savings accounts. 80% of the encounters with of the need to insinuates a third party or a bureaucracy that sucks out 1/3 of the money. we can use rich insurance and catastrophic insurance. some of them, i do not want to call them more runs, but they are similar to that. -- morons, but they are similar to that. read the book. obviously, i am thinking about those things. it is almost laughable some of the things i hear people say to criticize. they say, he is a neurosurgeon, he could not know anything about economics it
rate than revenues have got to rise. i'll give you a quick example, our local economy here gained 18 thourgs jobs if the administration would eliminate its ban on coastal virginia energy, here in our district that's being hit so hard by sequestration. our two u.s. senators, both democrats want it. the administration is holding that up. we have got to focus on job creation, that's the first place to go for new revenue. >> i do know that you took a lot of heat from our fellow republicans when you traveled to the newport news shipyard before the sequestesequester, are you about that coming back to bite you? because time and time again, that is a lot of revenue that i cited earlier. people are afraid of,primaried. >> i was raised by an iwo jima marine, he's still doing great, he was my inspiration to run and he taught me to protect my country. i offered the fellow who called me, please relate to the president that i accept with gratitude. we need more communication in washington, not less. it doesn't mean he capitulated, but civility is essential in our republic for us to get things done
here illegally is in any way skilled or would contribute to the american economy. >> to the american economy, which you know, defies our, our entire history. i mean the thing that's so stunning about the 47% comment, that comment, the if i were a mexican comment that he made -- >> the comment that if his dad had been mexican he'd have a better shot of winning this. >> when your tape came out, i was so shaken by it, i was talking about it for, it came out late in the afternoon. i kept talking about it for hours trying to wrap my head around how was it possible that a person running for president of the united states -- leave aside in public -- in private, speak that way about a country he hoped to lead. and it spoke to me anyway and clearly to you as well, that this mitt romney has, has this mindset that has him high above everyone else. in a way that made him, i think unpalatable to lots of people. and your video just was like, the boom, that's it. that's enough for me. for a lot of people. >> scott, in the fix, in the "washington post" shawn sullivan has a great analysis, it's like
disapprove of the way that he is handling the economy. the president is now making an effort to reach out to republicans by meeting with them several times over the past couple of weeks but you have is to wonder are his efforts sin? sincere. i asked lindsey graham earlier. the president spent more time on capitol hill meeting with republicans in the past week than he has for the previous four year is. senator, what is up? >> i don't know. old saying in the south it doesn't matter how you find religion as long as you do. i don't know if it is the dropping poll numbers or wants a leg icy and realizes you you can't have one without talking to republicans. either way it is a constructive thing. >> mike: i said you can't govern if you don't have relationships. >> right. >> mike: you can't have relationships if you don't look at each other face to face and spend time together. may not always be pleasant but it has got to be done. are you convinced and you were one of the senators that had dinner with him on the thursday night at the jefferson hotel. is he being a workhorse? or a showhorse? >> t
for aveeno®. as your life and career change, fidelity is there for your personal economy, helping you readjust your retirement plan along the way. rethink how you're invested. and refocus as your career moves forward. wherever you are today, a fidelity ira has a wide range of investment choices to help you fine-tune your personal economy. call today and we'll make it easy to move that old 401(k) to a fidelity no-fee ira. ♪ yer always after me lucky charms! whoa. i forgot how good these taste! [ lucky ] ♪ they're magically delicious >>> this morning, another postcard from lester's trip to rome where he was, of course, covering the papal conclave last week. and, also, exploring the city a little bit, as one does. it turns out the best way to navigate perhaps on two wheels? >> yeah, because it's a hard city to get around, the way it's shaped, the streets. riding a vespa through the city streets turned out to be quite the adventure. take a look. from this point of view, this city is an eye-opener. so like the old saying goes, when in rome -- it's as if the vespa made famous in the 195
is doing everything we need to do to make sure that we're growing our economy and that we're strengthening our middle class. and as i said in my state of the union address, last month. every day we should be asking ourselves three questions. one, how do we make sure america's a magnet for good jobs. number two, how do we equip people with the skills they need to get those jobs. and number three, how do we make sure that hard work actually pays off in a decent living. these are the challenges that i have instructed my team at the white house and my entire cabinet to focus on. and a position that's instrumental to tackling these challenges is having an outstanding secretary of labor. so, i want to begin by thanking hilda solis and her entire team. including acting secretary seth harris. for the outstanding work that they've been doing over the past four years. their efforts at the department of labor have given more young people a chance to earn new skills. more returning vets the chance to find a job, they've looked out for worker safety from construction sites to coal mines. they stood up
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